Bank of America Enhances 3% Categories for Customized Cash Rewards Card
Bank of America today announced that its Bank of America® Customized Cash Rewards credit card now offers more ways for cardholders to earn 3% cash back, with the expansion of the gas and online shopping categories.
Cardholders can now earn 3% cash back at electric vehicle charging stations as a part of the expansion to the gas category, and consumer cardholders can also earn 3% cash back on cable, streaming, internet and phone plans within the online shopping category.
The same changes apply to the Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card.
Customized Cash Rewards Features
With these enhancements, the Customized Cash Rewards cardholders can earn 3% cash back in their choice of the following categories:
- Gas & EV Charging Stations
- Online Shopping, Cable, Streaming, Internet & Phone Plans
- Dining
- Travel
- Drug Stores & Pharmacies
- Home Improvement & Furnishings
Customized Cash Rewards cardholders also earn 2% cash back at grocery stores and wholesale clubs (on the first $2,500 in combined purchases in the choice category and at grocery stores and wholesale clubs each quarter), and unlimited 1% cash back on all other purchases. The 3% category can be switched once per month.
Welcome Bonuses
The card also has a welcome offer for a $200 cash rewards bonus after making at least $1,000 in purchases in the first 90 days of your account opening. You can find more details here.
The business version offers a $300 statement credit after you make at least $3,000 in purchases in the first 90 days of your account opening. You can find more details here.
Earn Even More with Preferred Rewards
Members of the Bank of America Preferred Rewards® program earn 25% to 75% more cash back on every purchase made with the Customized Cash Rewards card, depending on their rewards tier. That means the 3% cash back earned in the selected choice category could increase to up to 5.25% cash back.
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